Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

published:26 Apr 2016

views:17254

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

published:30 Dec 2014

views:8245

In 1974 Altajir Bank was licensed in The Cayman Islands to provide banking facilities. Altajir bank offers all clients the personal attention to be expected only of a private bank.

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

Overview

Private banking is the way banking originated. The first banks in Venice were focused on managing personal finance for wealthy families. Private banks became known as ‘Private’ to stand out from the retail banking & savings banks aimed at the new middle class. Traditionally, private banks were linked to families for several generations. They often advised and performed all financial & banking services for families. Historically, private banking has developed in Europe (see the List of private banks). Some banks in Europe are known for managing assets of some royal families. The assets of the Princely Family of Liechtenstein are managed by LGT Group (founded in 1920 and originally known as The Liechtenstein Global Trust). The assets of the Dutch royal family are managed by MeesPierson (founded in 1720). The assets of the British Royal Family are managed by Coutts (founded in 1692).

History

The Cayman Islands remained largely uninhabited until the 17th century. While there is no archaeological evidence for an indigenous people on the islands, a variety of settlers from various backgrounds made their home on the islands, including pirates, refugees from the Spanish Inquisition, shipwrecked sailors, and deserters from Oliver Cromwell's army in Jamaica.

The first recorded permanent inhabitant of the Cayman Islands, Isaac Bodden, was born on Grand Cayman around 1661. He was the grandson of the original settler named Bodden who was probably one of Oliver Cromwell's soldiers at the taking of Jamaica in 1655.

Grand Cayman

Grand Cayman is the largest of the three Cayman Islands and the location of the territory's capital, George Town. In relation to the other two Cayman Islands, it is approximately 75 miles (121km) southwest of Little Cayman and 90 miles (145km) southwest of Cayman Brac.

Geography

Grand Cayman encompasses 76% of the territory's entire land mass. The island is approximately 22 miles (35km) long with its widest point being 8 miles (13km) wide. The elevation ranges from sea level at the beaches to 60 feet (18m) above sea level on the North Side's Mastic Trail.

Island districts

Grand Cayman Island includes five of the six districts of the Cayman Islands: Bodden Town, East End, George Town, North Side, and West Bay.

Bodden Town - Founded in the 1700s, Bodden Town district comprises the central part of Grand Cayman Island, between the George Town and North Side districts. The village of Bodden Town was the original capital of the Cayman Islands. Its population is currently listed at 5,764.

An island may be described as such despite the presence of an artificial land bridge, for example Singapore and its causeway, or the various Dutch delta islands, such as IJsselmonde. Some places may even retain "island" in their names for historical reasons after being connected to a larger landmass by a wide land bridge, such as Coney Island or Coronado Island. Conversely, when a piece of land is separated from the mainland by a man-made canal, for example the Peloponnese by the Corinth Canal, it is generally not considered an island.

There are two main types of islands: continental islands and oceanic islands. There are also artificial islands.

Real estate

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing."

Residential real estate

Residential real estate is a type of property, containing either a single family or multifamily structure, that is available for occupation for non-business purposes.

Residences can be classified by, if, and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residents might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

16:50

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

Offshore Bank Account | Be Careful Where You Open It

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

0:34

Altajir Bank

Altajir Bank

Altajir Bank

In 1974 Altajir Bank was licensed in The Cayman Islands to provide banking facilities. Altajir bank offers all clients the personal attention to be expected only of a private bank.

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

How to open a Private Account with WB21

Banking in Singapore: The next "off limits" bank haven?

http://www.nomadcapitalist.com/offshore-banking/
Is Singapore still a favored place to bank? The word is that might not be the case any more.
Andrew explains how the banking rules in Singapore and a few other countries are starting to change. They are starting to shut off access to new depositors and particularly US citizens. Minimum deposits are going up for US and non-US citizens.
Andrew suggests considering a new strategy and new banking countries that could be the solution to this emerging problem.
---
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: http://www.nomadcapitalist.com/about/
Our website: http://www.nomadcapitalist.com
Our blog: http://www.nomadcapitalist.com/blog/
Work with Andrew: http://www.holanomad.com/

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesse...

published: 26 Apr 2016

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands...

published: 23 May 2013

Scotiabank in the Cayman Islands

Offshore Bank Account | Be Careful Where You Open It

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to ope...

published: 30 Dec 2014

Altajir Bank

In 1974 Altajir Bank was licensed in The Cayman Islands to provide banking facilities. Altajir bank offers all clients the personal attention to be expected only of a private bank.

Why The Rich Have Their Cash in The Caymans

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, wh...

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

published: 25 Aug 2011

How to open a Private Account with WB21

Banking in Singapore: The next "off limits" bank haven?

http://www.nomadcapitalist.com/offshore-banking/
Is Singapore still a favored place to bank? The word is that might not be the case any more.
Andrew explains how the banking rules in Singapore and a few other countries are starting to change. They are starting to shut off access to new depositors and particularly US citizens. Minimum deposits are going up for US and non-US citizens.
Andrew suggests considering a new strategy and new banking countries that could be the solution to this emerging problem.
---
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help p...

published: 15 May 2017

SURFS UP IN CAYMAN!!! VLOG 109

Rum Point, Skim Boarding, Surfing!! Another big day in Cayman! But tomorrow is my last day :( Sad to be leaving soon... SUBSCRIBE for more!!!

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates o...

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

published:26 Apr 2016

views:17254

back

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain typ...

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of Jun...

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the govern...

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

Banking in Singapore: The next "off limits" bank haven?

http://www.nomadcapitalist.com/offshore-banking/
Is Singapore still a favored place to bank? The word is that might not be the case any more.
Andrew explains ...

http://www.nomadcapitalist.com/offshore-banking/
Is Singapore still a favored place to bank? The word is that might not be the case any more.
Andrew explains how the banking rules in Singapore and a few other countries are starting to change. They are starting to shut off access to new depositors and particularly US citizens. Minimum deposits are going up for US and non-US citizens.
Andrew suggests considering a new strategy and new banking countries that could be the solution to this emerging problem.
---
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: http://www.nomadcapitalist.com/about/
Our website: http://www.nomadcapitalist.com
Our blog: http://www.nomadcapitalist.com/blog/
Work with Andrew: http://www.holanomad.com/

http://www.nomadcapitalist.com/offshore-banking/
Is Singapore still a favored place to bank? The word is that might not be the case any more.
Andrew explains how the banking rules in Singapore and a few other countries are starting to change. They are starting to shut off access to new depositors and particularly US citizens. Minimum deposits are going up for US and non-US citizens.
Andrew suggests considering a new strategy and new banking countries that could be the solution to this emerging problem.
---
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: http://www.nomadcapitalist.com/about/
Our website: http://www.nomadcapitalist.com
Our blog: http://www.nomadcapitalist.com/blog/
Work with Andrew: http://www.holanomad.com/

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesse...

published: 26 Apr 2016

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands...

published: 23 May 2013

Scotiabank in the Cayman Islands

Offshore Bank Account | Be Careful Where You Open It

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to ope...

published: 30 Dec 2014

Altajir Bank

In 1974 Altajir Bank was licensed in The Cayman Islands to provide banking facilities. Altajir bank offers all clients the personal attention to be expected only of a private bank.

Why The Rich Have Their Cash in The Caymans

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, wh...

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates o...

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

published:26 Apr 2016

views:17254

back

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain typ...

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of Jun...

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

published: 25 Aug 2011

A 1.1-mile Private Racetrack In His Front Yard -- JALOPNIK ON /DRIVE

Alan Wilzig, a New York banking scion, built the largest racetrack zoned for private recreational use in the U.S. at his farm in Columbia County, NY. Take a tour of the circuit at Wilzig RacingManor, featuring nine turns that thread through more than 80 feet of elevation changes, including a 20-percent banked curve. Also on site is a clubhouse and museum for Wilzig's car and bike collection and race shop for his IMSA racecar and racing karts.

Texas Enteprise Speaker Series, May 9, 2013, The University of Texas at Austin.
The Cypriot bank deposit crisis has put a modern spin on Mark Twain's "It's not the return on my money but the return OF my money that counts." The unthinkable possibilities ahead emanate from the epic gap between a government's financing needs and its ability to sell debt. This has prompted politicians to consider options that were previously considered unthinkable.
You will learn —
The magnitude of the shortfalls in government funding
The adverse effects of the monetary fixes that are already underway
The means that governments use to confiscate private wealth
The protections being devised by private citizens
The possibility of new reserve currencies and global wealth reallocation
The Texas gold deposi...

published: 21 May 2013

The Personal Finance Industry Scam (with Helaine Olen)

Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, the problem with Suzy Orman, how the financial services industry turns what are political problems into a personal problems, the genius of Occupy, the urgent need to regulate and the financial services industry...
This clip from the MajorityReport, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

published: 21 Feb 2013

The Central Bank of the Bahamas presents Pam Burnside on The Orange Economy

GERALD CELENTE: Value Of GOLD, SILVER & BULLION. CYPRUS Banking Crisis - Quitting The Euro?
Alex talks with economic trend forecaster and publisher of the Trends JournalGerald Celente to discuss the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered by the EU and IMF.
Gold futures are starting the week on a decent note, trading slightly higher in Monday's Asian session on renewed fears about Cyprus' plan to tax accounts at the Bank of Cyprus holding more than EUR100,000.
On the Comex division of the New York Mercantile Exchange, gold futures for June delivery rose 0.22% to USD1,599.05 per troy ounce in Asian trading Monday. Gold futures were likely to test support USD1,591.95 a troy ounce, Wednesday's low, and ...

What Will Trigger DOLLAR COLLAPSE? | Jim Willie Viewers Questions

Viewers Questions:
0:33 - What geopolitical triggering event might cause both the Russians and Chinese to announce that their currencies are now to be backed by gold (and thus causing the U.S. Dollar to fall)?
4:58 - How might the ExchangeStabilization Funds of the nations forming the SDR basket of currencies behave, as China incrementally contributes to the revaluation of gold? In what ways, if any, does being part of the SDR, affect China's mutable policies?
9:37 - How will we know that the two rounds of "Scheisse" Dollar devaluations you speak of will have happened, and that it's then safe to liquidate some precious metals into the new currency for use in other investments?
17:26 - Will the "reset" wipe out all debt?
21:15 - Do you think disabled vets will lose their pension, along...

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the govern...

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

Alan Wilzig, a New York banking scion, built the largest racetrack zoned for private recreational use in the U.S. at his farm in Columbia County, NY. Take a tour of the circuit at Wilzig RacingManor, featuring nine turns that thread through more than 80 feet of elevation changes, including a 20-percent banked curve. Also on site is a clubhouse and museum for Wilzig's car and bike collection and race shop for his IMSA racecar and racing karts.

Alan Wilzig, a New York banking scion, built the largest racetrack zoned for private recreational use in the U.S. at his farm in Columbia County, NY. Take a tour of the circuit at Wilzig RacingManor, featuring nine turns that thread through more than 80 feet of elevation changes, including a 20-percent banked curve. Also on site is a clubhouse and museum for Wilzig's car and bike collection and race shop for his IMSA racecar and racing karts.

Texas Enteprise Speaker Series, May 9, 2013, The University of Texas at Austin.
The Cypriot bank deposit crisis has put a modern spin on Mark Twain's "It's not the return on my money but the return OF my money that counts." The unthinkable possibilities ahead emanate from the epic gap between a government's financing needs and its ability to sell debt. This has prompted politicians to consider options that were previously considered unthinkable.
You will learn —
The magnitude of the shortfalls in government funding
The adverse effects of the monetary fixes that are already underway
The means that governments use to confiscate private wealth
The protections being devised by private citizens
The possibility of new reserve currencies and global wealth reallocation
The Texas gold depository as an example of the unthinkables that lie ahead.

Texas Enteprise Speaker Series, May 9, 2013, The University of Texas at Austin.
The Cypriot bank deposit crisis has put a modern spin on Mark Twain's "It's not the return on my money but the return OF my money that counts." The unthinkable possibilities ahead emanate from the epic gap between a government's financing needs and its ability to sell debt. This has prompted politicians to consider options that were previously considered unthinkable.
You will learn —
The magnitude of the shortfalls in government funding
The adverse effects of the monetary fixes that are already underway
The means that governments use to confiscate private wealth
The protections being devised by private citizens
The possibility of new reserve currencies and global wealth reallocation
The Texas gold depository as an example of the unthinkables that lie ahead.

The Personal Finance Industry Scam (with Helaine Olen)

Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, the...

Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, the problem with Suzy Orman, how the financial services industry turns what are political problems into a personal problems, the genius of Occupy, the urgent need to regulate and the financial services industry...
This clip from the MajorityReport, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, the problem with Suzy Orman, how the financial services industry turns what are political problems into a personal problems, the genius of Occupy, the urgent need to regulate and the financial services industry...
This clip from the MajorityReport, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

published:21 Feb 2013

views:18376

back

The Central Bank of the Bahamas presents Pam Burnside on The Orange Economy

What Will Trigger DOLLAR COLLAPSE? | Jim Willie Viewers Questions

Viewers Questions:
0:33 - What geopolitical triggering event might cause both the Russians and Chinese to announce that their currencies are now to be backed by...

Viewers Questions:
0:33 - What geopolitical triggering event might cause both the Russians and Chinese to announce that their currencies are now to be backed by gold (and thus causing the U.S. Dollar to fall)?
4:58 - How might the ExchangeStabilization Funds of the nations forming the SDR basket of currencies behave, as China incrementally contributes to the revaluation of gold? In what ways, if any, does being part of the SDR, affect China's mutable policies?
9:37 - How will we know that the two rounds of "Scheisse" Dollar devaluations you speak of will have happened, and that it's then safe to liquidate some precious metals into the new currency for use in other investments?
17:26 - Will the "reset" wipe out all debt?
21:15 - Do you think disabled vets will lose their pension, alongside social security, IRA's, public and private pensions - and the wipeout of bank accounts?
28:22 - Love to hear some discussion on the "debtors" of all this global debt. Why no talk of uniting worldwide in a mass default and stick it to the central banks? Keep hearing talk of this debt crippling countries but is it not extortion? The so-called debt seems to get a whole lot more respect than it should, all-round.
29:44 - You have talked about the "Shiesse" Dollar for a while now. Please explain when/how it will come to be? What are the sign posts to watch for before this occurs.
31:39 - Which products are going to go up in price the most after a few rounds of 30 percent U.S. Dollar devaluations? In other words, which items are most reliant on their importation that we should stock up on them before the disruptions?
36:49 - I can't afford gold. Will silver offer me the same protection?
39:23 - What percentages do you personally allocate gold and silver in your holdings? What would you suggest others allocate in percentages?
42:12 - Do you think this recent gold price pull back could be so that the US can lease the Chinese gold at 10-13 percent below spot? Do you think it was their last chance?
45:30 - What do you think about holding precious metal miners, and do you see big risks with nationalization?
Subscribe (it's FREE!) so you don't miss part 2 where Jim Willie answers the following viewers questions: http://bit.ly/Subscription-Link
- Please elaborate as much as you can as to how the Saudi's are demanding silver bullion for payment.
- What is the possibility of implementing a digital world currency instead of a gold standard?
- What do you think about what if you own gold/silver in the US will they try to confiscate and what do you think of off shore storage, specifically the Cayman Islands?
- Is there any further good insider info from either The Voice or others about what's now going on behind the scenes with Deutsche Bank?
- Why doesn't Russia encourage its citizens to buy gold and silver? In China they are advertising and facilitating the accumulation of gold and silver among its population. Had they done this when China started some years ago then many would have survived the attack in the ruble in far better shape.
- Do you honestly believe the U.S. Empire with all its power and influence is going to just simply roll over and allow gold and silver to undermine the foundation on which it stands?
- What will happen to the U.S. Dollar held internationally (i.e. Ecuador, Panama, Costa Rica) when the "Scheiss" Dollar is implemented?
- Given the banks can engineer the pricing of gold et al, why should they not also do the same for the pricing of oil - given their exposure, and the consequences to their existence if the price continues to spiral downward?
- I would like to know more about the bankruptcy of Espirito SantoBank (BES) and Funchal International Bank (Banif), in Portugal, as well as the purchase of Funchal International Bank by Santander Totta in detriment of the Caixa Geral de Depósitos.
- We know the NSA collects everyone's data. Could you explain how they could use this information to engage in: market manipulation, insider trading, etc.
FINANCE AND LIBERTY:
SUBSCRIBE (it's FREE!) to "Finance and Liberty" for more interviews and financial insight ►http://bit.ly/Subscription-Link
Website ► http://FinanceAndLiberty.com
Like us on Facebook ►http://fb.com/FinanceAndLiberty
Follow us on Twitter ►http://twitter.com/Finance_Liberty
Google Plus ►http://Gplus.to/FinanceLiberty
Title and video graphics by Josiah Johnson Studios ►http://JosiahJohnsonStudios.com
This interview was recorded on May 31st and June 2nd, 2016.
DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of "Finance and Liberty" or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.

Viewers Questions:
0:33 - What geopolitical triggering event might cause both the Russians and Chinese to announce that their currencies are now to be backed by gold (and thus causing the U.S. Dollar to fall)?
4:58 - How might the ExchangeStabilization Funds of the nations forming the SDR basket of currencies behave, as China incrementally contributes to the revaluation of gold? In what ways, if any, does being part of the SDR, affect China's mutable policies?
9:37 - How will we know that the two rounds of "Scheisse" Dollar devaluations you speak of will have happened, and that it's then safe to liquidate some precious metals into the new currency for use in other investments?
17:26 - Will the "reset" wipe out all debt?
21:15 - Do you think disabled vets will lose their pension, alongside social security, IRA's, public and private pensions - and the wipeout of bank accounts?
28:22 - Love to hear some discussion on the "debtors" of all this global debt. Why no talk of uniting worldwide in a mass default and stick it to the central banks? Keep hearing talk of this debt crippling countries but is it not extortion? The so-called debt seems to get a whole lot more respect than it should, all-round.
29:44 - You have talked about the "Shiesse" Dollar for a while now. Please explain when/how it will come to be? What are the sign posts to watch for before this occurs.
31:39 - Which products are going to go up in price the most after a few rounds of 30 percent U.S. Dollar devaluations? In other words, which items are most reliant on their importation that we should stock up on them before the disruptions?
36:49 - I can't afford gold. Will silver offer me the same protection?
39:23 - What percentages do you personally allocate gold and silver in your holdings? What would you suggest others allocate in percentages?
42:12 - Do you think this recent gold price pull back could be so that the US can lease the Chinese gold at 10-13 percent below spot? Do you think it was their last chance?
45:30 - What do you think about holding precious metal miners, and do you see big risks with nationalization?
Subscribe (it's FREE!) so you don't miss part 2 where Jim Willie answers the following viewers questions: http://bit.ly/Subscription-Link
- Please elaborate as much as you can as to how the Saudi's are demanding silver bullion for payment.
- What is the possibility of implementing a digital world currency instead of a gold standard?
- What do you think about what if you own gold/silver in the US will they try to confiscate and what do you think of off shore storage, specifically the Cayman Islands?
- Is there any further good insider info from either The Voice or others about what's now going on behind the scenes with Deutsche Bank?
- Why doesn't Russia encourage its citizens to buy gold and silver? In China they are advertising and facilitating the accumulation of gold and silver among its population. Had they done this when China started some years ago then many would have survived the attack in the ruble in far better shape.
- Do you honestly believe the U.S. Empire with all its power and influence is going to just simply roll over and allow gold and silver to undermine the foundation on which it stands?
- What will happen to the U.S. Dollar held internationally (i.e. Ecuador, Panama, Costa Rica) when the "Scheiss" Dollar is implemented?
- Given the banks can engineer the pricing of gold et al, why should they not also do the same for the pricing of oil - given their exposure, and the consequences to their existence if the price continues to spiral downward?
- I would like to know more about the bankruptcy of Espirito SantoBank (BES) and Funchal International Bank (Banif), in Portugal, as well as the purchase of Funchal International Bank by Santander Totta in detriment of the Caixa Geral de Depósitos.
- We know the NSA collects everyone's data. Could you explain how they could use this information to engage in: market manipulation, insider trading, etc.
FINANCE AND LIBERTY:
SUBSCRIBE (it's FREE!) to "Finance and Liberty" for more interviews and financial insight ►http://bit.ly/Subscription-Link
Website ► http://FinanceAndLiberty.com
Like us on Facebook ►http://fb.com/FinanceAndLiberty
Follow us on Twitter ►http://twitter.com/Finance_Liberty
Google Plus ►http://Gplus.to/FinanceLiberty
Title and video graphics by Josiah Johnson Studios ►http://JosiahJohnsonStudios.com
This interview was recorded on May 31st and June 2nd, 2016.
DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of "Finance and Liberty" or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

16:50

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meeti...

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

2:51

Scotiabank in the Cayman Islands

Banking with Scotiabank in the Cayman Islands, one of the premier North American Financial...

Offshore Bank Account | Be Careful Where You Open It

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

0:34

Altajir Bank

In 1974 Altajir Bank was licensed in The Cayman Islands to provide banking facilities. Alt...

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

4:18

Danny Link of the Cayman Islands talks about Boarding at SAC

St. Andrew's College is proud of its reputation as one of Canada's leading private all-boy...

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

Banking in Singapore: The next "off limits" bank haven?

http://www.nomadcapitalist.com/offshore-banking/
Is Singapore still a favored place to bank? The word is that might not be the case any more.
Andrew explains how the banking rules in Singapore and a few other countries are starting to change. They are starting to shut off access to new depositors and particularly US citizens. Minimum deposits are going up for US and non-US citizens.
Andrew suggests considering a new strategy and new banking countries that could be the solution to this emerging problem.
---
ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: http://www.nomadcapitalist.com/about/
Our website: http://www.nomadcapitalist.com
Our blog: http://www.nomadcapitalist.com/blog/
Work with Andrew: http://www.holanomad.com/

5:15

SURFS UP IN CAYMAN!!! VLOG 109

Rum Point, Skim Boarding, Surfing!! Another big day in Cayman! But tomorrow is my last day...

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

16:50

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meeti...

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.
About TEDx
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

2:51

Scotiabank in the Cayman Islands

Banking with Scotiabank in the Cayman Islands, one of the premier North American Financial...

Offshore Bank Account | Be Careful Where You Open It

http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account
Offshore bank account: Advantages, where to open, fund transfers, presence required
Offshore bank account: Advantages
1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel.
2. You can use your offshore account to buy property or invest in shares and mutual funds.
3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts.
4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax InformationExchangeTreaty (TIET) with your home country.
Offshore bank account: Where to open
There are over 40 countries that offer offshore bank account services by law.
Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize.
To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company.
Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000.
However UAE has a much lower minimum starting at US$ 10,000.
Before you choose the country for your offshore account check:
Know Your Client (KYC) documentation required
Minimum deposit requirements
Whether the offshore jurisdiction has a TIET agreement with your country
Confidentiality laws of the offshore jurisdiction
Offshore bank account: Funds
Post9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds.
They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from.
Be aware that confidentiality doesn’t always mean that your transactions are known only to you.
Offshore bank account: Presence
In most instances your presence will be required at the time of bank account opening.
This is part of the KYC due diligence undertaken by the banks.
Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center.
Dubai also has many Swiss banks registered in its financial center.
So if you travel to Dubai you are not obviously travelling to a tax haven.
Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.

0:34

Altajir Bank

In 1974 Altajir Bank was licensed in The Cayman Islands to provide banking facilities. Alt...

We are faced with so many choices everyday…35,000 to be precise. Some are life changing and require the right knowledge to achieve the best result.
As of June 15th, 2016, there are 176 licensed real estate agents in the Cayman Islands, 1,673 properties available and numerous strategic ways to approach buying or selling, finding your next property can be an overwhelming experience.
At PropertyCayman we recognize that your property transaction will be one of the biggest investments you will make in your lifetime.
Regardless of where you are in the process of making that move, we are passionate about finding you a home that brings you happiness. We have sold over 500 properties across two decades. With all the choices available, it is important to have an agent that is extraordinary, who will go that extra mile for you.
With the help of our friends at Moca Films and a host of other fantastic friends and family, we have put together a video that showcases the significant impact your real estate activities can have on your wealth, health, family and ultimate happiness.
We had a blast making this. Happy watching!
Michael JosephProperty Cayman
Cayman Islands
Phone:(345) 949-6170
Cell:(345) 926-6784
michael.joseph@remax.ky

4:18

Danny Link of the Cayman Islands talks about Boarding at SAC

St. Andrew's College is proud of its reputation as one of Canada's leading private all-boy...

How the Rich Beat the Taxman (2010)

With more than 20 millionaires in the UK cabinet, reporter Antony Barnett examines the financial affairs of some ministers and others who have helped the government.
George Osborne says 'we're all in this together' but are ministers and top Tories paying the same rates of tax as the rest of us?
Barnett visits a number of offshore tax havens around the world still under control of Britain, including the Cayman Islands and the British Virgin Islands, to find out more about tax avoidance ploys.
http://www.thedossier.info/
https://twitter.com/theDossier_info

20:08

A 1.1-mile Private Racetrack In His Front Yard -- JALOPNIK ON /DRIVE

Alan Wilzig, a New York banking scion, built the largest racetrack zoned for private recre...

A 1.1-mile Private Racetrack In His Front Yard -- JALOPNIK ON /DRIVE

Alan Wilzig, a New York banking scion, built the largest racetrack zoned for private recreational use in the U.S. at his farm in Columbia County, NY. Take a tour of the circuit at Wilzig RacingManor, featuring nine turns that thread through more than 80 feet of elevation changes, including a 20-percent banked curve. Also on site is a clubhouse and museum for Wilzig's car and bike collection and race shop for his IMSA racecar and racing karts.

Texas Enteprise Speaker Series, May 9, 2013, The University of Texas at Austin.
The Cypriot bank deposit crisis has put a modern spin on Mark Twain's "It's not the return on my money but the return OF my money that counts." The unthinkable possibilities ahead emanate from the epic gap between a government's financing needs and its ability to sell debt. This has prompted politicians to consider options that were previously considered unthinkable.
You will learn —
The magnitude of the shortfalls in government funding
The adverse effects of the monetary fixes that are already underway
The means that governments use to confiscate private wealth
The protections being devised by private citizens
The possibility of new reserve currencies and global wealth reallocation
The Texas gold depository as an example of the unthinkables that lie ahead.

The Personal Finance Industry Scam (with Helaine Olen)

Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, the problem with Suzy Orman, how the financial services industry turns what are political problems into a personal problems, the genius of Occupy, the urgent need to regulate and the financial services industry...
This clip from the MajorityReport, live M-F at 12 noon EST and via daily podcast at http://Majority.FM

35:54

The Central Bank of the Bahamas presents Pam Burnside on The Orange Economy

On July, 23rd, 2014 The Central Bank of The Bahamas hosted its Gallery Talk on The Orange ...

What Will Trigger DOLLAR COLLAPSE? | Jim Willie Viewers Questions

Viewers Questions:
0:33 - What geopolitical triggering event might cause both the Russians and Chinese to announce that their currencies are now to be backed by gold (and thus causing the U.S. Dollar to fall)?
4:58 - How might the ExchangeStabilization Funds of the nations forming the SDR basket of currencies behave, as China incrementally contributes to the revaluation of gold? In what ways, if any, does being part of the SDR, affect China's mutable policies?
9:37 - How will we know that the two rounds of "Scheisse" Dollar devaluations you speak of will have happened, and that it's then safe to liquidate some precious metals into the new currency for use in other investments?
17:26 - Will the "reset" wipe out all debt?
21:15 - Do you think disabled vets will lose their pension, alongside social security, IRA's, public and private pensions - and the wipeout of bank accounts?
28:22 - Love to hear some discussion on the "debtors" of all this global debt. Why no talk of uniting worldwide in a mass default and stick it to the central banks? Keep hearing talk of this debt crippling countries but is it not extortion? The so-called debt seems to get a whole lot more respect than it should, all-round.
29:44 - You have talked about the "Shiesse" Dollar for a while now. Please explain when/how it will come to be? What are the sign posts to watch for before this occurs.
31:39 - Which products are going to go up in price the most after a few rounds of 30 percent U.S. Dollar devaluations? In other words, which items are most reliant on their importation that we should stock up on them before the disruptions?
36:49 - I can't afford gold. Will silver offer me the same protection?
39:23 - What percentages do you personally allocate gold and silver in your holdings? What would you suggest others allocate in percentages?
42:12 - Do you think this recent gold price pull back could be so that the US can lease the Chinese gold at 10-13 percent below spot? Do you think it was their last chance?
45:30 - What do you think about holding precious metal miners, and do you see big risks with nationalization?
Subscribe (it's FREE!) so you don't miss part 2 where Jim Willie answers the following viewers questions: http://bit.ly/Subscription-Link
- Please elaborate as much as you can as to how the Saudi's are demanding silver bullion for payment.
- What is the possibility of implementing a digital world currency instead of a gold standard?
- What do you think about what if you own gold/silver in the US will they try to confiscate and what do you think of off shore storage, specifically the Cayman Islands?
- Is there any further good insider info from either The Voice or others about what's now going on behind the scenes with Deutsche Bank?
- Why doesn't Russia encourage its citizens to buy gold and silver? In China they are advertising and facilitating the accumulation of gold and silver among its population. Had they done this when China started some years ago then many would have survived the attack in the ruble in far better shape.
- Do you honestly believe the U.S. Empire with all its power and influence is going to just simply roll over and allow gold and silver to undermine the foundation on which it stands?
- What will happen to the U.S. Dollar held internationally (i.e. Ecuador, Panama, Costa Rica) when the "Scheiss" Dollar is implemented?
- Given the banks can engineer the pricing of gold et al, why should they not also do the same for the pricing of oil - given their exposure, and the consequences to their existence if the price continues to spiral downward?
- I would like to know more about the bankruptcy of Espirito SantoBank (BES) and Funchal International Bank (Banif), in Portugal, as well as the purchase of Funchal International Bank by Santander Totta in detriment of the Caixa Geral de Depósitos.
- We know the NSA collects everyone's data. Could you explain how they could use this information to engage in: market manipulation, insider trading, etc.
FINANCE AND LIBERTY:
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Title and video graphics by Josiah Johnson Studios ►http://JosiahJohnsonStudios.com
This interview was recorded on May 31st and June 2nd, 2016.
DISCLAIMER: The financial and political opinions expressed in this interview are those of the guest and not necessarily of "Finance and Liberty" or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.

How the Rich Beat the Taxman (2010)...

A 1.1-mile Private Racetrack In His Front Yard -- ...

"The Cyprus Bank Deposit Confiscation: Is Your Mon...

The Personal Finance Industry Scam (with Helaine O...

The Central Bank of the Bahamas presents Pam Burns...

GERALD CELENTE: Value Of GOLD, SILVER & BULLION. C...

Cayman Islands...

Warren Coats and John Tamny Debate: Who Needs the ...

Cayman Islands Vlog-(100 PERCENT UNEDITED)...

What Will Trigger DOLLAR COLLAPSE? | Jim Willie Vi...

When the sun dims dramatically Monday morning, that would be like an entire power plant unit shutting down for the Lone Star State's electricity grid. The much-anticipated solar eclipse will wipe out about 600 megawatts worth of electricity generation from Texas' growing solar power industry, according to officials with ERCOT, which manages the Texas grid.&nbsp; ... "That is not very much," she said about eclipse's influence ... ....

Multiple media reports Thursday reported a van crashed into dozens of people in the center of Barcelona Thursday killing two and injuring several people. Local Spanish media say two armed men have entered a restaurant after a van crashed into a crowd of people, according to Reuters, and police consider the incident to be terror related. Local media reports say two people were killed instantly when struck by the van....

The number of asylum seekers who are illegally crossing into Canada from the United States more than tripled last month, according to new data released on Thursday by the Canadian government which hints at the deep fears that migrants have about the recent U.S. administration immigration crackdown ...The RoyalCanadian Mounted Police said that an additional 3,800 asylum seekers were arrested crossing the U.S ... "It's not a crisis ... ....

The Guardian reported that police announced one person was arrested in relation to the attack on Thursday where someone drove a white van through the busy, pedestrian area of Las Ramblas in Barcelona, Spain which has left at least 13 dead, and more than 50 injured ...Police said that the number of the dead was "bound to rise" since at least 50 people were injured after the attack, interior minister for Catalonia, Joaquim Form said ... ... U.S....

The top two officers and the top enlisted sailors who were in charge when the USS Fitzgerald had a collision on June 17 that killed seven crew members will face disciplinary measures after seven crew members died from the incident, a senior Navy official said on Thursday. The Washington Post reported that Adm. William F ... The discipline varies but will include likely career-ending actions against the ship's captain at the time, Cmdr....

(credit. CBS). Gov ... “Most of the memorials are on private property. They are in people’s private cemeteries. I think private property is private property.”. Gov. John Hickenlooper (credit. CBS). Hickenlooper confirmed the state would not press for change to monuments on private property. Members of the Sons of Confederate Veterans are now guarding one Denver monument, which is on private property ... (credit. CBS) ... (credit. CBS) ... CBS) ... (credit ... ....

This issue has resulted in the rise of private coaching centres and private colleges. Even teachers at government colleges convince students to get enrolled in private classes which are being offered by these teachers ... guidance or guidelines, they lag behind other students who can afford private tuitions....

Private equity firms spent €7.5bn buying a record 18 Irish businesses in the first half of the year. Private equity firms spent €7.5bn buying a record 18 Irish businesses in the first half of the year. The tally of private equity-backed deals clocked up in the period is a new high, and well up on the same period last year ... Included in the private ......

...Bank manager and operation manager of Khyber BazaarBranch and one private account operator ... The commission said it found with proofs the embezzlement of Rs110 million in the funds by the privatebanks officers and employees....

While neighboring private landowners’ concerns merit respect and consideration, they should not be dictating policy on public lands ...Public lands are public, not private ... It simply shifted it to surrounding areas, and on top of that a private landowner began using a public road as his own ......

Military recruits and privates are to receive a pay rise that will result in a wage increase of up to €6,000 a year at the top of the scale ...The new pay scale, which is backdated to July 1, 2016, will apply to general service recruits and privates who joined the Defence Forces since the start of 2013....

Earlier Thursday, Morrell told a Times-Picayune reporter that the proposal is a direct response to accusations that the Landrieu administration is attempting to privatize the 119-year-old public&nbsp;utility. The mayor and his spokespeople have vehemently denied any plans to privatize, saying they are hiring outside companies under temporary contracts to figure out what went wrong during the Aug....

Bitcoin’s value continues to skyrocket, reaching a market value of $73.6 billion last Thursday, according to Fortune. Starting next week, the SwissprivatebankFalcon will allow wealthy clients to store and trade bitcoin directly with their bank holdings. “Falcon PrivateBank was the first bank to offer bitcoin directly to its clients, and thus [...] ... ....